所以，要实现国际收支均衡的核心就是寻找货币的均衡汇率，再通过各种手段调节、干预名义汇率稳定在均衡汇率的水平上。
Therefore to achieve a sound balance of payment is to seekequilibrium exchange rate of a currency and then to adjust nominal exchange rateto a stable equilibrium level by all means.
近年来我国名义汇率偏离均衡汇率的失调程度加大，国际上对我国人民币升值的呼声也越来越高。
In recent years, RMB's nominal exchange rate deviates obviously the equilibrium exchange rate, and international shouts to revalue RMB are more and more high.
在研究人民币汇率均衡时，我们提出了人民币名义汇率粘性这一概念，并利用数据对其进行了实证检验。
In researching RMB equilibrium exchange rate, we proposed the conception of RMB nominal exchange rate stickiness and carried on an empirical research to it with the data.
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